The trade of a generation $NASDAQThis is how I will be navigating the markets. Any thoughts or feedback would be greatly appreciated.
USA
NZDUSD ShortHey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.675 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
USDJPY longUSDJPY, possible long with tomorrow FOMC. we are monitoring this pairs for a buying opportunity around 113.5 zone, Once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
EURUSD shortHey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.1285 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
GBPUSD shortHey Traders, above is an update about my swing GBPUSD trading idea, GBPUSD already bounced from 1,32 towards 1.327 as i expected the last week, in current week with bullish DXY Bias mentioned on previous chart, i expect this pairs to drop to 1.29 Levels with over 300 pips potential keeping an eye on this week FOMC too. As usual once we notice any bearish confirmation we might consider executing the trade.
Trade safe, Joe.
DXYHey Traders, in the coming week we are monitoring DXY for a buying opportunity around 96 zone respecting the daily supply and demand zone in combination with the bullish trend. Once we will receive any bullish confirmation the trade will be executed.
i highly recommend doing US DOLLAR INDEX analysis at the entrance of every trading week if not everyday to trade USD pairs in more professional way. a bullish DXY can result a xxxUSD drop and a bearish DXY can result a xxxUSD Pump
Trade Safe, Joe.
USDCAD SHORTHey Traders, in the coming week we are monitoring USDCAD for a selling opportunity around 1.273 zone. Once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
XAUUSD ShortHey Traders, in the coming week we are monitoring XAUUSD for a selling opportunity around 1785 zone, once we will receive any bearish confirmation the trade will be executed.
above is an update about our gold trade, we were long today from 1771 zone and we took profits around 1784. so now we might consider banking profits on gold at the rally and the drop.
Inflation ECONOMY
Inflation surged 6.8% in November, even more than expected, to fastest rate since 1982.
-Inflation rose 6.8% from a year ago in November, slightly higher than estimates according to the consumer price index released Friday.
-Excluding food and energy, the CPI increased 4.9%, in line with expectations.
-Surging prices for food, energy and shelter accounted for much of the gains.
XAUUSD LongHey Traders, in today's trading session we are monitoring XAUUSD for a buying opportuntiy around 1771 zone, once we will receive any bullish confirmation the trade will be executed.
Trade Safe, Joe.
GBPUSD shortHey Traders, in this week we are monitoring GBPUSD for a long term selling opportunity around 1.32700. Once we will receive any bearish confirmation the trade will be executed.
Trade Safe, Joe.
Potential Breakout in SPX Towards 4800Trend Analysis
The main view of this trade idea is on the 4-Hour Chart. The S&P 500 Index is now 9.6% higher off the 4300 lows in early October 2021. Currently the index is in a rangebound movement between the 4630 and 4718 price levels. Expectations are for the index to breakout. Given the width of the rangebound movement, the S&P Index should rally towards 4800. Failure of this move will be observed if SPX falls below 4650.
On the Daily Chart the move in the SPX continues to be constructive, with some support observed around the 4650 price level.
Technical Indicators
Based on several technical indicators, the S&P 500 Index is trending higher. The SPX is currently above its short (50-MA), medium (100-MA) and long term fractal moving averages (MAs). These MAs also have had positive crossovers after the SPX found support around 4300 and began rallying. The RSI is also trading above 50 and the KST is in a positive zone, indicating bullish sentiment.
Recommendation
The recommendation will be to go long at market, with a stop loss at 4650 and a target of 4800. This produces a risk/reward ratio of 1.37.
Disclaimer
The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes. At the time of publishing I have exposure to the SPX.
EURUSD Hit Resistance at 1.14, to Retest Support at 1.118Trend Analysis
The main view of this trade idea is on the 4-Hour Chart. The Forex Cross EURUSD hit some resistance around the 1.14 level and is attempting to retest the 1.118 level. The overall trend is down, breaking lower from its short term moving average (MA). EURUSD continues to be below is medium and long term MAs. A negation of this move will be observed if EURUSD rallies above 1.131.
The longer term view concurs with the short term. EURUSD is trending lower, unable to break above 1.14.
Technical Indicators
EURUSD is in a downtrend. Currently the FX Cross is trending below its short (50-MA), medium (100-MA) and long (200-MA) fractal MAs. Negative crossovers occurred a couple months ago. The RSI is below the 50 level and the KST is in a sell mode.
Recommendation
The recommendation will be to go short at market, with a stop loss at 1.131 and a target of 1.118. This produces a risk/reward ratio of 1.33
Disclaimer
The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes. At the time of publishing I have exposure to EURUSD.
USOILHey Traders, above is a technical overview on USOIL and the most important zones to take in consideration.
Trade safe, Joe.
XAUUSDGOLD, History might repeat itself?
Above is a technical view on XAUUSD and the most important zones to take in consideration.
Trade safe, Joe.
usdcad short positionEnter the reversal in 2 or 3 steps to improve the risk
position
Stop above point 1
Convenient position for sale #usdcadConvenient position for sale
Swing
Analytical look
Watch list for accurate wood on the climb
"S&P500" Resistance and support zonesNote that the strength of the US dollar is the S&P500. It has been forming a new top for some time. But due to price fatigue, we expect a correction from the ceiling
AUDUSD ShortHey Traders, we didn't received any confirmation from the selling opportunity from 0.707 zone shared the last night. Today the market came with another good sell from 0.71, Once we will notice any bearish confirmation we might consider executing the trade.
Trade safe, Joe.
AUDUSD UPDATESHey Traders, above is an update about our audusd Trade, in current week i'm looking forwards adding more position around 0.707 Zone. Once any confirmation is noticed the trade will be executed.
Trade Safe, Joe.
UNG - Head and Shoulders - Target 13.25, 12.25 UNG formed a Head and Should pattern in the daily chart and recently broke down the neck line. It's looking bearish and would test the 200 DMA around 13.25 and would test 12.25 in next 2-3 months.
USDCHF longHey Traders, in the coming week, we are monitoring USDCHF for a buying opportunity around 0.916, Once we will receive any bullish confirmation the trade will be executed. Trade safe and use proper risk management.
Joe.
EURUSD SWINGHey Traders, in the coming days we are monitoring EURUSD for a swing selling setup around 1.138 zone. we are watching 1.107 Zone as a swing target. once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
